# PPP loan: ELECTRIC ENTERTAINMENT, INC.
> **$398K** approved 04/28/2020 · Paid in Full · Loan `7634347202`
## Borrower
- **Name:** ELECTRIC ENTERTAINMENT, INC.
- **Address:** 962 N LA CIENEGA BLVD, WEST HOLLYWOOD, CA, 90069-4717
- **NAICS:** 512110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $398K
- **Initial approval:** $398K
- **Forgiven:** $403K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $299K
- **Rent:** $100K
- **Jobs reported:** 28
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*